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SoundCloud acquires Nina Protocol months after decentralized music startup shut down

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SoundCloud has acquired Nina Protocol, a decentralized music platform that had previously announced its shutdown. The deal transfers Nina's roster of artists, its editorial archive, and music discovery tools to SoundCloud. The acquisition reflects SoundCloud's continued effort to strengthen its offerings for independent musicians. Financial terms of the deal were not disclosed.

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SoundCloud acquires Nina Protocol months after decentralized music startup shut down · ShortSingh